Source: Team_Talk
Hornets secure transfer fund boost
Fransen, who joined the board in March last year, is based in Geneva and is managing director of an energy company.[LNB]The loan has been earmarked for Mackay to bolster his squad during the January transfer window, and has to be repaid by the end of May.[LNB]A statement to the Stock Exchange read: "The agreement is in respect of a short-term unsecured loan of up to £500,000 for the purpose of assisting with the working capital requirements of the business including potential player transfer activity during the January transfer window."[LNB][LNB]
